Treasury secretary-general Datuk Johan Mahmood Merican
KUALA LUMPUR: Secretary General of the Treasury Datuk Johan Mahmood Merican has emphasised Budget 2025's alignment with the government’s broader strategies to enhance resilience, inclusivity and fiscal responsibility.
Speaking at the MICCI Post-Budget 2025 Forum hosted by the Malaysian International Chamber of Commerce and Industry (MICCI) in collaboration with RDS Partnership, Johan Mahmood said the 'Economy Madani' framework is at the heart of the government's vision for a prosperous Malaysia.
"By raising the ceiling through economic restructuring and raising the floor to ensure shared prosperity, this approach is designed to translate growth into meaningful improvements in quality of life for all Malaysians,” he said.
The MICCI Post-Budget 2025 Forum also delved into a discussion on the implications of tax measures introduced in Budget 2025.
Participants explored the potential opportunities and challenges, reiterating the importance of a long-term tax framework that not only supports the government’s revenue needs but also fosters an environment where businesses can thrive and contribute to economic growth.
KPMG Malaysia senior advisor on tax policy Veerinderjeet Singh said a long-term tax framework is essential to enable businesses to plan effectively and allow adequate time for the implementation of policy changes.
Meanwhile, MICCI vice-president Renuka Indrarajah said it deeply appreciated the opportunity to engage with its members through the forum.
"MICCI remains committed to promoting initiatives that attract investments and drive reforms for the benefit of businesses and the rakyat," she said.
